Friday, February 20, 2009

Why?

The Gurkha Welfare Trust , last year, paid 3500 Nepalee Rupees per month to it's pensioners. That was about £26. The Trust increases its payments to its pensioners in line with inflation, plus 5%, so this year the amount will be about 3700 NR.
But is this £27.03 I hear you cry.
No, it's not.
It's actually nearly £32.50 - or an extra £800,000 this year. The why, of course, is that despite Nepal being amongst the poorest countries* on earth, with more than 50% of the population unemployed, the Great British Pound ( better placed than anyone else... you know the rest) has fallen against the Nepali Rupee.
Read it and weep.
Or alternatively, make a donation here, however small.
* Nepali GDP per capita last year was about £350 cf UK per capita GDP of about £23,500 ( and compare that with the present £33,000 Brown's government has saddled us all with.

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